The Central Bank of Brazil intends to publish the rules for the cryptocurrency market by June 2025. This measure aims to regulate the sector and provide greater security to investors. In addition, the Central Bank is also developing the Drex Pilot, which may incorporate 20 new use cases into the second phase of testing in 2025.
Another relevant piece of news is that the Mercado Bitcoin exchange has become the first validator of the #CHZ Chiliz Chain in Brazil, thanks to a recently announced partnership.
Finally, it is important to highlight that the cryptocurrency market in Brazil is still a subject of debate, with financial authorities discouraging operations with blockchain-based currencies.